08/07/2023 Live Update

[Cobra]

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Possible higher low.

[JFR]

ES daily.

Lower high. Down to the support of a trendline. Beneath the EMA 20.

[JFR]

ES 60 minutes.

A lower range.

Pushing up against the resistance of the EMA 20 and the Pivot.

[JFR]

ES 5 minutes.

Up to the Pivot, where it hits the pause button.

[Cobra]

Members only update at 10:02 am
http://www.cobrasmarketview.com/2023/08 ... ay-update/

[Al_Dente]

"The Magnificent 7 drove 100% of S&P 500 returns from the start of the year until the end of May resulting in massive outperformance of the cap-weighted index
Stocks most overweighted by hedge funds:
Stocks most underweight by hedge funds:
https://seekingalpha.com/news/3997250-s ... _breakfast

[Cobra]

Don't know what to comment so far. It's testing the day low and now rebounding which seems weak but it could change so hard to say. Overall, it's just a range day.

[Cobra]

Members only update at 12:03 pm
http://www.cobrasmarketview.com/2023/08 ... ay-update/

[Cobra]

Consolidation, breakout to a new day high is more likely.

[Al_Dente]

AAPL and AAPL volatility-inverted ($ONE:$VXAPL)
DAILY

[BullBear52x]

Swing setup, buy triggered, new box. make or break?

[BullBear52x]

Intraday: inside day, inside no man's land still. same playbook on bias.

[BullBear52x]

Need to see new swing high at the least, with a positive turn on $BPSPX will be nice for a reversal, it's still put some warning signs on for bulls. caution! Peace!

[Al_Dente]

Nomura's Charlie McElligott calls the VIX "nervous and squeezy".
https://www.zerohedge.com/markets/nervo ... vixplosion

[Cobra]

Members only update at 3:28 pm
http://www.cobrasmarketview.com/2023/08 ... ay-update/

[Cobra]

Members only update at 3:52 pm
http://www.cobrasmarketview.com/2023/08 ... ay-update/

[Cobra]

Well, guess that's it for today. Here's what Tuesday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449374

Thank you guys, I'll see you in another thread soon.

Before the close, please take a little time to vote for me, thanks: https://stockcharts.com/public/1684859/ ... /533449374